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FOX News
Dec 29, 2012 4:00pm PST
house officials say it is unclear what will happen with the sequester. on friday republican senator john mccain said he doesn't see how a deal gets done without addressing these across the board cuts which could cost a lot of contractors their jobs. >> now, the large defense contractors will probably be okay. they have significant cash reserves most of them. the smaller contractors would have trouble getting their lines of credit extended, trouble keeping their employees if they can't be assured of continued employment. >> the only way to avoid the automatic $492 billion in cuts to the pentagon over the next nine years is for congress to make a deal in the next two days. harris? >> peter, thank you. fox weather alert now. a new headache for travelers. tonight a fresh storm system is pummeling the northeast. as you know much of the region and really the rest of the country are recovering from the winter storm that hit earlier in the week. this new round of weather bringing even more snow, freezing rain and strong winds already causing some flight delays and making the roads dangerous. met
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